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[Methanol] Taicang Market Methanol Market Trends

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August 20, 2024, 2:17 PM

On August 20, futures continued to fluctuate and consolidate. The basis of Jiangsu Taicang methanol market against the 09 contract strengthened slightly, and transactions were acceptable. In the morning, the spot order range was 2,420 - 2,430 yuan/ton, and the basis difference for small orders was 09 contract +5 ~+10 yuan/ton; the basis difference for 8 orders was 01-15 yuan/ton, the basis difference for 9 orders was 01+12 yuan/ton, and the transaction for 10 orders was 01+32 yuan/ton.